CSW Industrials, Inc. (NASDAQ:CSWI) Receives $379.00 Average PT from Analysts

CSW Industrials, Inc. (NASDAQ:CSWI) has earned an average rating of “Hold” from the five brokerages that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $379.00.

Several research firms have weighed in on CSWI. Citigroup lowered their price target on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Truist Financial started coverage on CSW Industrials in a report on Friday, February 14th. They set a “hold” rating and a $362.00 target price for the company. Wells Fargo & Company reduced their price target on CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. StockNews.com downgraded CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group cut their target price on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a report on Tuesday, January 14th.

CSW Industrials Price Performance

CSWI opened at $288.11 on Friday. The firm has a market capitalization of $4.84 billion, a P/E ratio of 34.42 and a beta of 0.88. CSW Industrials has a one year low of $229.49 and a one year high of $436.50. The company has a fifty day moving average price of $299.75 and a 200-day moving average price of $353.38.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. On average, analysts expect that CSW Industrials will post 8.49 earnings per share for the current year.

CSW Industrials Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were paid a $0.24 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.33%. CSW Industrials’s dividend payout ratio (DPR) is presently 11.47%.

Insider Activity at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $321.78, for a total transaction of $64,356.00. Following the completion of the transaction, the director now owns 13,519 shares in the company, valued at $4,350,143.82. The trade was a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP James E. Perry sold 145 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $289.10, for a total value of $41,919.50. Following the transaction, the executive vice president now owns 23,137 shares of the company’s stock, valued at approximately $6,688,906.70. The trade was a 0.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,534 shares of company stock valued at $3,133,640 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CSWI. National Bank of Canada FI purchased a new stake in shares of CSW Industrials during the 3rd quarter worth $28,000. Versant Capital Management Inc raised its holdings in CSW Industrials by 526.3% in the first quarter. Versant Capital Management Inc now owns 119 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 100 shares in the last quarter. IFP Advisors Inc lifted its position in shares of CSW Industrials by 510.5% during the fourth quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock valued at $42,000 after buying an additional 97 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of CSW Industrials by 94.3% in the 4th quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company’s stock valued at $48,000 after buying an additional 66 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of CSW Industrials in the 4th quarter worth approximately $51,000. Hedge funds and other institutional investors own 82.79% of the company’s stock.

About CSW Industrials

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.